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After many years in trading, I see fund management is crucial. A professional trader also told me always trade the amount you can sleep well if you lose. Otherwise, don't trade.
Yep, MDD = Max Drawdown. I usually look at that along with win/loss ratio, profit factor, and how steady their performance is. Too much fluctuation = red flag for me. Actually the trader can also change, you need to take a risk when invest money to someone. Don't forget to set stop loss and...
I had some experience with Copy trading on HFM and other brokers. You should find the one that has the lowest MDD; their active days are also a crucial factor to consider. I see some traders can earn pretty much in a short time, but their MDD is also large, and suddenly, one day, that trader can...
Google, youtube and Binance or Coinbase should be your final destinatinos, don't hear anyone and come to noname platform and burn all your money there.
Both should work. Crypto is very volatile and manipulated so frequent trading should work (if you know what to do and when to do) but holding is still good, it's still very potential and waiting a chance to explode (getting hiked)